The SPX (S&P 500 index) has been in a uptrend, making a series of higher-highs and higher-lows in price.
A potential pullback play is forming, and the price could fall to the horizontal support levels or support trendline.
Support levels: 3162.39 and 3131.83 and 3024.60.
Resistance levels: 3234.47 and 3263.00 and 3328.58.
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Thanks for checking out this chart idea. Click Like, Follow, and always remember: NO FOMO.
A potential pullback play is forming, and the price could fall to the horizontal support levels or support trendline.
Support levels: 3162.39 and 3131.83 and 3024.60.
Resistance levels: 3234.47 and 3263.00 and 3328.58.
__________________________________________________________________________________________________
Thanks for checking out this chart idea. Click Like, Follow, and always remember: NO FOMO.
Nota
06/11/2020: First set of Support targets reached.Second set of Support Targets for SPX: 2964.60 and 2844.50 and 2777.81.
Trade chiuso: obiettivo raggiunto
SPX: Target Completed.
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Follow Me on TradingView and Youtube.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.